š$LRC
BEARISH TECHNICAL ANALYSIS
The chart structure suggests a bearish corrective phase after an aggressive upside move. Price has faced strong rejection from the upper resistance zone, indicating exhaustion in bullish momentum. Failure to sustain above key levels and the formation of a lower high signal that sellers are gradually taking control, opening room for a downside continuation.
Bearish Highlights:
ā¢ Strong rejection from the 0.0800 resistance zone
ā¢ Bullish momentum fading after sharp expansion
ā¢ Early lower-high formation signaling bearish pressure
ā¢ Price slipping back below key short-term levels
POTENTIAL TARGETS (TP):
ā¢ TP1: 0.0600 zone
ā¢ TP2: 0.0550 zone
ā¢ TP3: 0.0500 major support
STOP LOSS (SL):
ā¢ Above the recent resistance / rejection zone
RISK MANAGEMENT:
Risk only 1ā2% per trade, use strict stop-loss discipline, and avoid overleveraging during high volatility.
